Following on from the Finance Magnates exclusive earlier this week announcing the arrest of a major FX affiliate, Israeli police have named the three men arrested on suspicion of  money laundering  , tax avoidance and fraud resulting from forex and crypto investment activities.

The three men arrested by the International Criminal Investigation Unit (Lahav 433) were named in local media over the weekend. The three suspects, all from Herzilya, were confirmed as Michael Zetser, Dmitry-Dima Leichtman (aka Dmitri Laikhtman) and Ran Thomas Peled. All three were arrested on suspicion of criminal activity totalling millions of dollars.

Dmitry-Dima Leichtman, the eldest of those arrested, aged 33, was the first to be arrested. He is listed on his Linkedin profile as the Founder and owner of Dima Company Megasource, an affiliate network and advertising platform specializing in forex and crypto trading. Additionally, Posta confirmed he is the owner of YDM Technologies Ltd and YDM Holdings Ltd, companies linked to providing the technology for trading platforms. Leichtman's hearing, represented by Yuval Zemer, was held behind closed doors due to sensitive information related to the investigation.

The second to be arrested was Ran Peled, aged 27, who was apprehended by Israeli police in possession of a suitcase, a passport and thousands of Euros in cash. He is listed on his Linkedin page as the COO of Megasource. A bank account belonging to Peled was seized by Israeli authorities after a recent transfer of $3.5 million was made.

Lahav 433 investigators requested that Peled's detention be extended by 13 days. However, Judge Melamed approved an extension of detention until May 19th which, upon appeal by lawyers acting for Peled, was reduced to May 17th. Shahar Hatzroni and Tamir Sennes from the Noy Sennes Sperling Hatzroni law firm denied Peled's connection to the criminal activity.

The final suspect, Russian-born Michael Zetser aged 25, was arrested this weekend. Zetzer's defence attorneys, Adv. Ronen Rosenblum and Adv. Daniel Klein, denied the charges and argued that their client had not been in contact with Dima for four years.

Moreover, the company offices in Haifa were raided and a number of computers were seized.

Israeli Crackdown Continues

The latest arrests of yet more Israelis connected to  forex  and crypto fraud are emblematic of the effort the Israeli authorities are putting into clamping down on investment scams emanating from Israel or by Israeli citizens.

Lahav 433 an Israeli crime-fighting umbrella organization within the Israel Police, was created on 1 January 2008 and is known as the 'Israeli FBI'. Recently, the unit has been responsible for the arrests of a number of high-profile Israelis connected to criminal activity associated with forex, crypto and binary options.

In October 2021, 26 Israelis were arrested in connection with trading and investment scams. Israeli authorities have worked closely with the FBI, Europol and the police authorities of Bulgaria, Cyprus, Germany, the Netherlands and Ukraine to apprehend scores of Israelis associated with the forex and crypto world.

Meanwhile, Yaron Shalem, the former Chief Financial Officer at Celsius, was among seven people arrested in Tel Aviv in November for their involvement in Singulariteam.

Following on from the Finance Magnates exclusive earlier this week announcing the arrest of a major FX affiliate, Israeli police have named the three men arrested on suspicion of  money laundering  , tax avoidance and fraud resulting from forex and crypto investment activities.

The three men arrested by the International Criminal Investigation Unit (Lahav 433) were named in local media over the weekend. The three suspects, all from Herzilya, were confirmed as Michael Zetser, Dmitry-Dima Leichtman (aka Dmitri Laikhtman) and Ran Thomas Peled. All three were arrested on suspicion of criminal activity totalling millions of dollars.

Dmitry-Dima Leichtman, the eldest of those arrested, aged 33, was the first to be arrested. He is listed on his Linkedin profile as the Founder and owner of Dima Company Megasource, an affiliate network and advertising platform specializing in forex and crypto trading. Additionally, Posta confirmed he is the owner of YDM Technologies Ltd and YDM Holdings Ltd, companies linked to providing the technology for trading platforms. Leichtman's hearing, represented by Yuval Zemer, was held behind closed doors due to sensitive information related to the investigation.

The second to be arrested was Ran Peled, aged 27, who was apprehended by Israeli police in possession of a suitcase, a passport and thousands of Euros in cash. He is listed on his Linkedin page as the COO of Megasource. A bank account belonging to Peled was seized by Israeli authorities after a recent transfer of $3.5 million was made.

Lahav 433 investigators requested that Peled's detention be extended by 13 days. However, Judge Melamed approved an extension of detention until May 19th which, upon appeal by lawyers acting for Peled, was reduced to May 17th. Shahar Hatzroni and Tamir Sennes from the Noy Sennes Sperling Hatzroni law firm denied Peled's connection to the criminal activity.

The final suspect, Russian-born Michael Zetser aged 25, was arrested this weekend. Zetzer's defence attorneys, Adv. Ronen Rosenblum and Adv. Daniel Klein, denied the charges and argued that their client had not been in contact with Dima for four years.

Moreover, the company offices in Haifa were raided and a number of computers were seized.

Israeli Crackdown Continues

The latest arrests of yet more Israelis connected to  forex  and crypto fraud are emblematic of the effort the Israeli authorities are putting into clamping down on investment scams emanating from Israel or by Israeli citizens.

Lahav 433 an Israeli crime-fighting umbrella organization within the Israel Police, was created on 1 January 2008 and is known as the 'Israeli FBI'. Recently, the unit has been responsible for the arrests of a number of high-profile Israelis connected to criminal activity associated with forex, crypto and binary options.

In October 2021, 26 Israelis were arrested in connection with trading and investment scams. Israeli authorities have worked closely with the FBI, Europol and the police authorities of Bulgaria, Cyprus, Germany, the Netherlands and Ukraine to apprehend scores of Israelis associated with the forex and crypto world.

Meanwhile, Yaron Shalem, the former Chief Financial Officer at Celsius, was among seven people arrested in Tel Aviv in November for their involvement in Singulariteam.